(Solution) - This exercise should be used with Exercise 1 33B Requirements -(2025 Original AI-Free Solution)

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This exercise should be used with Exercise 1-33B.

Requirements
1. Prepare the income statement of Eliza Bennet Banking Company, for the year ended May 31, 2010.
2. What amount of dividends did Eliza Bennet declare during the year ended May 31, 2010?